Forecasts of COVID-19 impacts on Africa’s GDP growth | |
Institution, date | Africa’s GDP growth prospect |
IMF Regional Economic Outlook: Sub-Saharan Africa, 15 April 2020 | Growth in sub-Saharan Africa in 2020 is projected at –1.6%, the lowest level on record, a downward revision of 5.2 percentage points compared to six months ago. |
World Bank, 9 April 2020 | GDP growth in Sub-Saharan Africa could fall sharply from 2.4% in 2019 to between –2.1% to –5.1% in 2020. |
African Union Commission, 6 April 2020 | Forecasts shows a negative growth from 3.4% to between –0.8% to –1.1%. |